RBI governor Shaktikanta Das rated A+ in Central Banker Report Card 2023

The Reserve Bank of India Governor Shaktikanta Das has been rated A+ within the Global Finance Central Banker Report Cards 2023 by the Global Finance journal. According to a press launch issued by the journal, three central bankers have obtained the highest A+ ranking, India’s Shaktikanta Das, Switzerland’s Thomas J. Jordan and Vietnam’s Nguyen Thi Hong.

8 chiefs of central banks have been rated A, whereas 10 others have been rated A-, in response to the report card.

The official X deal with of the RBI posted a tweet saying it’s blissful to announce that Shaktikanta Das has been rated “A+” within the Global Finance Central Banker Report Cards 2023. The central financial institution famous that Das has been positioned on the prime of the checklist of three central financial institution governors who’ve been rated A+.

We are blissful to announce that Governor Shri Shaktikanta Das has been rated “A+” within the Global Finance Central Banker Report Cards 2023. Shri Das has been positioned on the prime of the checklist of three central financial institution governors who’ve been rated A+.

Link to report card:…

— ReserveBankOfIndia (@RBI) September 1, 2023

The Central Banker Report Cards, revealed yearly by Global Finance since 1994, grade the central financial institution governors of 101 key international locations, territories and districts, together with the European Union, the Eastern Caribbean Central Bank, the Bank of Central African States and the Central Bank of West African States.

Grades are based mostly on a scale from A to F for achievement in inflation management, financial progress objectives, foreign money stability and rate of interest administration. Here, “A” represents a wonderful efficiency down by way of an “F” for outright failure.

“Fighting inflation, which has been fueled by pent-up demand and disrupted supply chains, has everyone turning to their central bankers for help,” mentioned Global Finance founder and editorial director Joseph Giarraputo. “Global Finance’s annual Central Banker Report Cards celebrate those bank governors whose strategies outperformed their peers through orgininality, creativity and tenacity,” he added.

Prime Minister Narendra Modi congratulated Shaktikanta Das on X (Twitter) for getting the A+ ranking.

Congratulations to RBI Governor Shri Shaktikanta Das. This is a proud second for India, reflecting our monetary management on the worldwide stage. His dedication and imaginative and prescient proceed to strengthen our nation’s progress trajectory. https://t.co/MtdmI8La1T

— Narendra Modi (@narendramodi) September 1, 2023

“Congratulations to RBI Governor Shri Shaktikanta Das. This is a proud moment for India, reflecting our financial leadership on the global stage. His dedication and vision continue to strengthen our nation’s growth trajectory,” PM Modi mentioned in a tweet.